Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Notes have no effect on title.  Only mortgages and deeds of trust do, and those are recorded or there are consequences.  But those are just collateral instruments and don't show evidence of the underlying debt.  Notes, CDSes, and other securities don't have recording systems to readily determine who holds them.
by rifek on Wed Mar 14th, 2012 at 02:52:42 PM EST
[ Parent ]

Others have rated this comment as follows: